Property Overview: 27 Crestmont Drive, Winnipeg
Section 1: Key Characteristics & Appeal
This two-storey home, built in 2020, offers modern living in Winnipeg's Fraipont neighbourhood. Its primary appeal lies in a desirable combination of above-average space and contemporary construction. With 1,862 sqft of living area, the home provides more room than most comparable properties on its street, in the area, and across the city. It sits on a manageable 3,957 sqft lot with an attached garage and an unfinished basement, presenting a practical canvas for a growing family or a buyer who values the ability to customize their space over time.
The home’s value is underscored by its assessed value ranking, which is above average for its immediate surroundings. A thoughtful perspective is that while the lot size is smaller than the Winnipeg city average, this often translates to less exterior maintenance—a perk for those seeking a modern, low-upkeep lifestyle without sacrificing interior square footage. This property would best suit first-time buyers or young families looking for a move-in-ready, newer build in a established neighbourhood, who prioritize interior space over extensive yard work and are comfortable with a basement project for future expansion.
Section 2: Frequently Asked Questions
1. How does this home’s size truly compare to others?
The living space is a standout feature. It ranks in the top 15% city-wide, meaning it is larger than approximately 85% of Winnipeg homes, and is also above average for both Crestmont Drive and the Fraipont area.
2. The home was last sold in late 2020. What does that mean?
The sale occurred shortly after its construction, suggesting the current sale likely represents the first resale. This can be appealing as major structural or system issues in a brand-new build have typically been identified and addressed by the first owners.
3. Is the assessed value a reliable indicator of the listing price?
The assessed value ($51.10k) is a municipal valuation for tax purposes and is not a market appraisal. It is useful for comparing the property’s municipal tax standing against neighbours (where it ranks above average) but should not be used alone to determine market value.
4. What are the implications of the unfinished basement?
This offers both flexibility and cost. It provides the opportunity to finish the space to your specific needs and budget, but requires a future investment. It’s a key feature for buyers who want to add value and personalize their home.
5. The lot is noted as smaller than the city average. Is that a concern?
This depends on lifestyle. The lot is still a good size for a patio, play area, or garden, but requires less maintenance than a larger plot. For many, this is a practical trade-off for a more spacious interior in a newer home.